What’s your big gamble? (Volume 4)

[asfault]

well what should have been a nice day seeing my largest dividend share drop a very nice ammount into my account (legal and general) has been tainted by Zim taking a massive dump.
I guess peace talks are the issue or did they suddenly find icebergs in persian gulf...

[Adam.]

Yeah still up on ZIM but profit halved today

[asfault]

Adam. said:

Yeah still up on ZIM but profit halved today

I maybe jsut hit break even point at yesterdays high... Was always planning on keeping it much longer but it still feels like a kick to the groin.

[Adam.]

asfault said:

Adam. said:

Yeah still up on ZIM but profit halved today

I maybe jsut hit break even point at yesterdays high... Was always planning on keeping it much longer but it still feels like a kick to the groin.

I think it still has good prospects, are t they replacing a lot of their fleet with more efficient ships ?

[Legend83]

From what I can gather, a Citi analyst basically posted a research note reducing ZIM from hold to sell on the basis they "don't think the shipping rate recovery will continue".

Feels like a very knee-jerk market reaction.

[asfault]

Legend83 said:

From what I can gather, a Citi analyst basically posted a research note reducing ZIM from hold to sell on the basis they "don't think the shipping rate recovery will continue".

Feels like a very knee-jerk market reaction.

I agree, the rates dont even have to increase, Just staying broadly the same will be great profits for all the shippers.

[Chris Type R]

Chris Type R said:

Adam. said:

knk said:

EUA up 57% today!

That leaves me 68% down on my investment.

91% here !! Did someone shoot Putin?

Sure it will plummet tomorrow

350% gain will see me at break-even.

EUA rocking a +60% this afternoon - only need 140% more from here to B/E.

[MiniPro3]

98elise said:

asfault said:

ferrisbueller said:

asfault said:

cadmunkey said:

asfault said:

What happened with National grid?

Investors didnt like their annual results

its a hell of a drop for a percieved super stable dividend play

https://www.businessgreen.com/news/4214282/national-grid-launches-gbp7bn-rights-offer-help-fund-grid-upgrades?

Yeah i went away and read some other stuff too. It was at a mkt cap of 40b and 20% drop and its roughly 33b which is the 7b they are going to dilute by? But I think it would go further as they are going to drop the div and said the div will rise with inflation which is a bad thing if inflation is going to be in the 2% range.

NG is taking another beating today (down 3%). It was in my list of shares to range trade (my gambling stocks), but now seems like a genuine gamble!

If anyone is interested my other "gamble" stocks are...

BT
LLOY
SSE
VOD
KFG
JD
PRU
LAND
RKT
DGE

Not as volatile as many on this thread...but as risky as I'm happy to go!

Currently buying PRU, RKT and DGE, all the others sold after recent gains but will buy back in when if/when they drop back.

ANG:Lon Angle

[Chris Type R]

Chris Type R said:

EUA rocking a +60% this afternoon - only need 140% more from here to B/E.

With the +71% close I only need 129% to break even !

[Adam.]

Something going on at EUA

Only 85% down now

[knk]

EUA up another 70% today!
I'm now only 47% down.

[ferrisbueller]

Some of you were obviously adding more as it dropped! I'm afraid I didn't have the spuds for that!

[Adam.]

knk said:

EUA up another 70% today!
I'm now only 47% down.

That’s weird - my app is showing 2.2p close not 3.8p

[Chris Type R]

ferrisbueller said:

Some of you were obviously adding more as it dropped! I'm afraid I didn't have the spuds for that!

The top can fall out of this very quickly, but I'm not regretting my small top up of 29k shares at 1.467p just under a month ago - +160%. From memory 1/2 of this buy was funded by an II.com referral - i.e. zero cost.

ETA: potential doom & gloom to the start of next week - https://uk.finance.yahoo.com/news/us-jobs-shock-le...

Edited by Chris Type R on Friday 7th June 20:04

[RiseUp]

Anyone keeping abreast of Keith Gill/roaring kitty/DFV on Reddit? He’s managed to turn his $53k investment in GME to a peak of $586 million as of the high on Thursday. Down heavily on Friday but he did a live stream and isn’t planning on selling. Quite the story.

Edited by RiseUp on Saturday 8th June 01:10

[g4ry13]

RiseUp said:

Anyone keeping abreast of Keith Gill/roaring kitty/DFV on Reddit? He’s managed to turn his $53k investment in GME to a peak of $586 million as of the high on Thursday. Down heavily on Friday but he did a live stream and isn’t planning on selling. Quite the story.

Edited by RiseUp on Saturday 8th June 01:10

I've been keeping track of it. Can't say I understand how he went from about $40M in 2021 to showing up 3 years later with over $200M!

If Gamestop went up $5 higher than it hit today he'd have been a paper billionaire. He claims it's all his money and he's not taken any money from other people / funds etc. He owns 5% of the stock, one of the largest shareholders behind Ryan Cohen, black rock, vanguard and state Street.

$50k to $200M+ is probably one of the greatest trades. I can't help but feel like he uses Reddit as a pump and dump. Although he hasn't sold. Maybe he's cashing in the options, I don't see how else it's possible.

I had been a spectator and always thought it was a bit silly and stayed out. Today I caved and chucked a little at it before the livestream. It wasn't a great idea but anything can happen next week. I can't say I'll be a diamond handed person if my money doubles.

Edited by g4ry13 on Saturday 8th June 01:57

[RiseUp]

g4ry13 said:

RiseUp said:

Anyone keeping abreast of Keith Gill/roaring kitty/DFV on Reddit? He’s managed to turn his $53k investment in GME to a peak of $586 million as of the high on Thursday. Down heavily on Friday but he did a live stream and isn’t planning on selling. Quite the story.

Edited by RiseUp on Saturday 8th June 01:10

I've been keeping track of it. Can't say I understand how he went from about $40M in 2021 to showing up 3 years later with over $200M!

If Gamestop went up $5 higher than it hit today he'd have been a paper billionaire. He claims it's all his money and he's not taken any money from other people / funds etc. He owns 5% of the stock, one of the largest shareholders behind Ryan Cohen, black rock, vanguard and state Street.

$50k to $200M+ is probably one of the greatest trades. I can't help but feel like he uses Reddit as a pump and dump. Although he hasn't sold. Maybe he's cashing in the options, I don't see how else it's possible.

I had been a spectator and always thought it was a bit silly and stayed out. Today I caved and chucked a little at it before the livestream. It wasn't a great idea but anything can happen next week. I can't say I'll be a diamond handed person if my money doubles.

Edited by g4ry13 on Saturday 8th June 01:57

Yeah it’s not been explained the large increase since 2021 and the last week, even allowing for the stock split. I can only assume he’s been very active with it over that period. I hope he does pass a billion, it would cause an absolute meltdown amongst institutional investors.

[Adam.]

RiseUp said:

Yeah it’s not been explained the large increase since 2021 and the last week, even allowing for the stock split. I can only assume he’s been very active with it over that period. I hope he does pass a billion, it would cause an absolute meltdown amongst institutional investors.

Clever use of options I would think. Long calls financed by short puts could lever your cash up massively

[NowWatchThisDrive]

RiseUp said:

I hope he does pass a billion, it would cause an absolute meltdown amongst institutional investors.

The vast majority of institutional investors couldn't care less about the company or this guy's position.

[Chris Type R]

EUA up today, with a high of 7.48 on no news.... hopefully it continues.